Blake

[Blake @blakes456]

@vermilionpixie Christiano ronaldo is that you?

[Blake @blakes456]

@blknoiz06 Crushed

[William Mougayar @wmougayar]

The market is broken. Insane that all crypto still moves at the same time with zero discrimination. It’s just macro liquidity flipping on/off. Ethereum will need massive education to change this, as it’s one of the few with a real story and strong performance metrics to look at.

[Blake @blakes456]

@SteveGelbs I just don’t understand how they start brujan, wagaman, vientos over the much better performing Ewing, young, and Baty. Enough with the lefty righty analytics. Just start the better player.

[Taylor Twellman @TaylorTwellman]

Clinic. 🇺🇸🇺🇸🇺🇸

[Elon Musk @elonmusk]

@McMurchie @alexmd2 @Techmeme @CatherineShu At this point, I want ETH even if it is a scam

[Blake @blakes456]

@zerohedge This dumb post is infuriating. It will never in a million years happen like this. Your reporting is horrendous and your account loses credibility the more propaganda you spew. Pathetic.

[Ted @TedPillows]

I think all this news about the U.S. and Iran is bullshit.

To me, it feels like it's just there to give the markets a bit of breathing room and create liquidity ahead of Elon Musk's IPO.

Sometimes I look at what's going on in the world and wonder if we've completely lost our priorities.

It feels like everything is about making more money, no matter what.

More growth, more profits, more wealth, always more.

I don't like it. I hate it.

[Lucas Navarrete @LucasNavarreteM]

Just another example of the NBA sharing the full ending one of their biggest games of the 21st century to promote and grow their product.

LaLiga and football in general would never.

[Bleacher Report @BleacherReport]

Knicks' historic 29-point comeback in full 🔥

One of the greatest games in NBA history.

[Wall Street Apes @WallStreetApes]

WOAH 🚨 Homeless women living on Skid Row in Los Angeles says someone came and had her fill out a ballot for Karen Bass

They told her who to vote for and then paid her $2 for the vote

She says “they come out here all the time” to get votes for Democrats

“They told you to vote for Karen?”

“Yeah, had to sign a little thing”

“And how much they pay you?”

“Just like $2”

“$2 to sign off on a thing to vote for her?”

“Yeah. All right, so they do this for everybody out here?”

“Yeah, they come out here all the time.”

This is exactly what James O’Keefe and Cam Higby have been exposing

Democrats have a massive voter fraud network in California

[Blake @blakes456]

@Kalshi_Crypto How can he buy so much and the price just doesn’t budge

[Blake @blakes456]

This story is fake. No one leaves baby shower gifts until after the baby is born. Many of those gifts are necessities. What this story shows (if true) is an irresponsible and reactive couple vs a proactive couple that would inventory what they have to make sure their and their baby’s needs are met. Dumb grifting acct.

[Thomas (Tom) Lee (not drummer) FundstratDirect.com @fundstrat]

Don’t fall for false narratives

- Equity bull market intact
- Crypto only way for tokenization
- Crypto key in a machine to machine AI world

[Blake @blakes456]

@WhettFarts @TheHoopHerald All I hear are tears

[Ethereum Daily @ETH_Daily]

🔥 Tom Lee made a point about Ethereum that most people are not paying enough attention to.

The Ethereum Foundation used to hold 17% of the ETH supply.

Today, it holds only 100,000 ETH, or about 0.1% of supply.

That is a huge shift.

And according to Lee, it means the old funding model is no longer enough.

Under a traditional foundation model, he estimates the Ethereum Foundation could support only around $10 million in grants.

For a network trying to become the future of finance, that is tiny.

But this is where the story gets interesting.

BitMine, SharpLink, and other public Ethereum treasuries now own around 7% of the ETH supply.

And because that $ETH can generate staking yield, Lee says these treasuries are producing about $500 million a year in rewards.

That completely changes the game.

Ethereum no longer has to depend on one foundation to fund everything.

A wider network of public companies, treasury vehicles, staking rewards, ecosystem grants, L2 builders, and private-sector teams can now help support Ethereum’s growth.

This is why Lee believes Ethereum is entering a new phase.

Not a single foundation carrying the whole ecosystem.

But an entire capital network forming around ETH.

[⟠ @ryanberckmans]

I was an early fan of BTC. Later, I loved ETH much more due to the benefits of onchain and PoS. Then for years I talked endless trash about BTC. Recently, I expressed gratitude to BTC for holding up the market.

That all being said, the downside risk of BTC we've warned about for many years is looking increasingly realistic.

What is this downside exactly? Well, it starts from the observation that BTC is just a religion with significant structural sell pressure from the physical cost of mining. There is no spoon, it's a fugazi. OK but a huge chunk of the gold valuation, and USD global demand, and many other confidence-based assets are mostly just confidence, so why does it matter that BTC is just a religion?

It matters because of- in no particular order- Saylor, macro, structure of the 2025 bull chart, quantum, security budget, and the current price of BTC.

And all this matters for ETH because of the current delusionally low ETHBTC ratio, which will take time and further realized growth (it's coming) to correct itself. Ethereum is winning and it's not even close. We're in a transitory period where most investors don't yet understand how big onchain is going to be and how (ironically) central that the Eth L1 will be to this global growth story. But this post isn't about ETH, it's about BTC and current market conditions.

Saylor is a real problem because homie told ppl to mortgage their houses, and his generational success story is at risk of cratering because he bought his own top so hard that he pulled his cost basis up to $75,700. His credibility is shot. Do you know how many BTC he has to sell by Q3 2028 if BTCUSD stays *flat* and he doesn't successfully refinance/do some financial wizardry? About ~130k BTC worth $9.1 billion.

Macro is a real problem because *gestures wildly*. Gas prices exert real pressure on the economy. OpenAI, Anthropic, and SpaceX IPOs are gearing up to look more like meme stock cash grabs than measured capital formation. Stock market internals are divergent. Valuations are extremely high.

In 2025, BTC's price chart caused a lot of investors to buy into BTC near highs, as it sustained 100k for 6+ months on the hopes that 150k, 200k were around the corner. Heavyweights like Armstrong called for 1M per coin. Ultimately BTC returned less than 2x vs 2021 pico top, disappointing true believers while long term whales cashed out generational (centuries not decades) wealth at the ~$2.5T valuation. This has left new buyers and the public disaffected, rightly so. It will take a lot of renewed confidence, religious groundwork, and siphoning growth vibes from Ethereum (major historical success factor for BTC) for BTC to regain its September footing, nevermind significant new heights. Crypto cycle and all that. This puts an effective multi-year price cap on BTC that insiders know is real and will cause ppl who buy local highs to continue to get rinsed- you're trading against pros who know this is a wavy bear, you're not frontrunning the public... unless you intend to frontrun them by years which most don't.

Quantum is a major problem for BTC because it's a stake into the heart of the religion. In practical terms, it reinforces that BTC is years away from regaining highs because serious buyers know that BTC isn't as immaculate as it seemed last year. They know that quantum meaningfully increases the odds that BTC never recovers to highs.

BTC's security budget is like a baby quantum: severe problem on the horizon, easy to discount, barely affects. But some people know its real and that adds up. Smallest factor but yet another card stacked against BTC this season/year.

The current price of BTC is that people are still paying $71,500 real American Dollars for 1 magic internet money coin. The valuation is still $1.432 trillion. 45% off ATH is still 55% on. If BTC wants to tumble, it has far to fall.

Nobody knows if BTC will see much lower lows. But the deck is currently stacked against BTC in a way that hasn't been the case at any other time in its history. Who cares if BTC falls 5%, that's noise. The real question is will we see a rout to 50k's or 30k's.

The challenge here is we're in a bear-a-thon, a bear marathon. If BTC avoids a crash this month or this summer, that's nice. The above factors are measured in quarters and years, not weeks and months.

Such a crash- this season, later this year, early next year- would clearly and unfortunately bring ETH down with it. The ETHBTC ratio isn't going to magically shoot up during the moment of the crisis.

Should a very serious BTC crash occur, after the crash, investors will be left asking themselves- is an ETH valuation this low justified? The efficient market hypothesis is more dead than alive in tradfi. In crypto it's science fiction. Markets don't know. The market price is just today's news. People who buy ETH this year will end up doing extremely well as Ethereum grows to global ubiquity and BTC's structurally bearish factors cause investors to re-rate the value of the onchain story overall vs BTC.

In short, we are again strapped onto this rollercoaster. Much is outside ETH's and our control. The community has been focused on stuff we can control: CROPS and growth. LFG. We'll be above $20k and multi trillion in due course. Ethereum

[Blake @blakes456]

@nypost God no

[RYAN SΞAN ADAMS - rsa.eth 🦄 @RyanSAdams]

Vitalik on ETH the asset.

Yes. He finally said plainly that ETH is the most valuable product of Ethereum.

[Blake @blakes456]

@Invest_Brandon Disagree with the long dated. I prefer 30-45 DTE, 15-20% OTM so theta decay kicks in quickly. Take profit at 50% or more and repeat. This way you don’t tie
Yourself up for a year and have flexibility to roll up and out if you need.